The following information is available for Larkspur Corp. for the year ended December 31, 2022. Other revenues and gains $20,800 Other expenses and losses 2,500 Cost of goods sold 277,000 Sales discounts 2,700 Sales revenue 743,000 Operating expenses 207,000 8,200 Sales returns and allowances Prepare a multiple-step income statement for Larkspur Corp. The company has a tax rate of 25% LARKSPUR CORP. Income Statement For the Year Ended December 31, 2022 Sales 743,000 Sales Revenue Less i Sales Returns and Allowances 8,200 $ i Sales Discounts 2,700 i Sales Discounts 2,700 i 10900 Net Sales 732100 i Cost of Goods Sold 277,000 Gross Profit 455100 i 207,000 Operating Expenses Income From Operations 248100 20,800 Other Revenues and Gains i 2,500 Other Expenses and Losses i 18300 Income before Income Taxes 229800 57450 Income Tax Expense $ 172350 Net Income /(Loss)